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  • Benjamin Roth: The Great Depression: A Diary

    Benjamin Roth: The Great Depression: A Diary
    It's all here, times change people don't -the endless govt programs that fail to stimulate the private sector -the ups and downs of the economy, the veterans pension stimulates just as the housing credit did, until of course the money runs out -Roth is a attorney in Youngstown Ohio who kept a diary regarding the economy from 1930 until WW II breaks out, he is objective, candid, and forthright which is more than we get from Washington DC now or then highly recommended

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March 27, 2021

Divergences

Weekend March 27 2021

Screen Shot 2021-03-27 at 3.11.28 PM

 

Here is one possible interpretation of where we are. If correct the DJIA heads down next week. If not we go to new highs.

Divergences

Record option volume

https://www.cnbc.com/2021/01/22/trading-volume-is-up-so-far-from-2020s-breakneck-pace-as-retail-investors-get-even-more-active.html

Record new account openings

https://www.cnbc.com/2020/06/17/robinhood-drives-retail-trading-renaissance-during-markets-wild-ride.html

Tesla Viacom CBS, Discovery breakdown see previous post

Speculation in SPACs and firms with no profits

https://www.fnlondon.com/articles/mark-mobius-yep-were-in-a-bubble-especially-in-crypto-20210304

But the markets don't seem to care

 

 

 

Posted at 04:18 PM |

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